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Why C3.AI Stock Was Soaring Today

TheMotleyFool

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Why C3.AI Stock Was Soaring Today: https://g.foolcdn.com/editorial/images/718724/artificial-intelligence-investing-algorithms.jpg

Shares of C3.AI (NYSE: AI) surged Tuesday morning after the artificial intelligence-based software company announced the launch of its new C3 Generative AI Product suite, which includes C3 Generative AI for Enterprise Search.

As of 12:17 p.m. ET, the stock was up 26% on the news.

Generative AI describes a form of artificial intelligence that can be used to create content such as code, text, or images, like OpenAI's ChatGPT and DALL-E.

Source Fool.com

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